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birla cotsyn (india) ltd (BCOT) Details

Birla Cotsyn (India) Limited manufactures and sells cotton and synthetic yarns in India. It offers ring spinning cotton yarns, weaving and knitting yarns, and ring spinning dyed yarns. The company is also involved in weaving of grey fabrics; ginning and pressing of cotton bales; and fabric trading activities. Birla Cotsyn (India) Limited also exports its products. The company was founded in 1932 and is based in Mumbai, India.

birla cotsyn (india) ltd (BCOT) Key Developments

Birla Cotsyn (India) Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported loss from operations before other income, interest & exceptional items of INR 19.118 million against INR 118.673 million for the same period a year ago. Loss from ordinary activities before tax of INR 20.469 million against INR 214.765 million for the same period a year ago. Net loss from ordinary activities after tax of INR 20.469 million against INR 214.765 million for the same period a year ago. Net loss of INR 20.469 million or INR 0.01 loss per share against INR 214.765 million or INR 0.08 loss per share for the same period a year ago. Net sales/income from operations of INR 302.165 million against INR 303.665 million for the same period a year ago.
For the nine months, the company reported loss from operations before other income, interest & exceptional items of INR 86.313 million against INR 147.694 million for the same period a year ago. Loss from ordinary activities before tax of INR 316.474 million against INR 356.785 million for the same period a year ago. Net loss from ordinary activities after tax of INR 316.474 million against INR 356.785 million for the same period a year ago. Net loss of INR 316.474 million or INR 0.12 loss per share against INR 356.785 million or INR 0.13 loss per share for the same period a year ago. Net sales/income from operations of INR 805.668 million against INR 565.352 million for the same period a year ago.

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